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Round Up 2011 Presentation

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3D Model - Yukon Base Metal Project : Andrew and Darcy Deposit

Yukon Base Metal Drill Plan in Google Earth

Darcy Zinc Deposit:

The Darcy Zone is located approximately 600 metres southeast of the Andrew Zinc Deposit within a 2,500 metre long zinc in soil geochemistry anomaly. Diamond drilling intersected extensive high grade, near surface mineralisation. Results include:

  • 77.0m at 11.0% zinc from 47.6m in DY08-011
  • 34.0m at 12.8% zinc from 68.0m in DY08-014
  • 24.6m at 4.8% zinc from 30.5m in DY08-014
  • 21.0m at 4.4% zinc from 119.9m in DY08-015
  • 6.3m at 9.3% zinc from 47.6m in DY08-011
  • 8.5 m at 6.0% zinc from 23.7m in DY08-009

 

Massive, coarse grained zinc mineralisation from the Darcy Zinc Deposit.

 

Geologically and metallurgically the mineralization at the Darcy Zinc Deposit appears similar to that of the Andrew Zinc Deposit.

JORC Code Compliant Resource

A JORC Code compliant resource was calculated in February 2011 incorporating historical drilling and Overland Resources drilling results from 2007, 2008 and 2010. The JORC code compliant resource estimate for the Darcy Zinc Deposit is:

1.75Mt at 6.7% Zn and 0.0% Pb (applying a 2% zinc cut-off).

The resource is presented in Table 3.

 

TABLE 3. JORC Code compliant resource base for the Darcy Zinc Deposit.

Classification Tonnes Zn (%) Pb (%)
Indicated 884,000 5.3 0.1
Inferred 2,601,000 5.3 0.0
TOTAL 3,485,000 5.3 0.0

 

The resource remains open in all directions.